Section 350 Investments and Securities Act Section 350 of the Investments and Securities Act 2025 is about Prohibition of use of certain titles. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Except with the written consent of the Commission, a person shall not use a name, or title…

Section 349 Investments and Securities Act Section 349 of the Investments and Securities Act 2025 is about Change of name of capital market operators, managers, portfolio or collective investment scheme and change of shareholding or directors. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) A capital market operator…

Section 348 Investments and Securities Act Section 348 of the Investments and Securities Act 2025 is about Power to recover administrative penalties as debt. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Where a person has failed to comply with a penalty imposed by the Commission, the Commission…

Section 347 Investments and Securities Act Section 347 of the Investments and Securities Act 2025 is about Obligation of persons to disclose information connected with activities of their employer. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) An employee of a capital market operator, market participant, public company…

Section 346 Investments and Securities Act Section 346 of the Investments and Securities Act 2025 is about Offences by companies and market participants. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Where an offence under this Act has been committed by a company, issuer of securities, or market…

Section 345 Investments and Securities Act Section 345 of the Investments and Securities Act 2025 is about Criminal prosecution. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Subject to the provisions of the Constitution of the Federal Republic of Nigeria, 1999 relating to the power of prosecution by…

Section 344 Investments and Securities Act Section 344 of the Investments and Securities Act 2025 is about General offences. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: Except as otherwise specifically provided under this Act a person who —(a) wilfully obstructs, interferes with or interrupts the Commission in the…

Section 343 Investments and Securities Act Section 343 of the Investments and Securities Act 2025 is about Penalty. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Except as otherwise specifically provided under this Act, any person who contravenes or contributes in the contravention of this Act or of…

Section 342 Investments and Securities Act Section 342 of the Investments and Securities Act 2025 is about Protection of action taken in good faith. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: A suit, prosecution or other legal proceedings shall not lie against any officer, member or other employee…

Section 341 Investments and Securities Act Section 341 of the Investments and Securities Act 2025 is about Legal proceedings, pre-action notice and right to represent Commission before Court or Tribunal. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) A suit shall not be commenced against the Commission before…